JP Morgan Maintains Overweight on EverQuote, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Cory Carpenter has maintained an Overweight rating on EverQuote (NASDAQ:EVER) and increased the price target from $13 to $25.
February 27, 2024 | 6:05 pm
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JP Morgan analyst Cory Carpenter has reaffirmed an Overweight rating on EverQuote and raised the price target from $13 to $25.
The increase in price target by a reputable analyst such as Cory Carpenter from JP Morgan is a strong positive signal for EverQuote. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of endorsement can lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100